
- Exam Code: VMA
- Exam Name: Value Methodology Associate
- Updated: Sep 02, 2025
- Q & A: 63 Questions and Answers
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1. The unique aspect of the value methodology is its application to anything that:
A) performs a function.
B) includes an activity.
C) is goal-oriented.
D) is a subject of study.
2. In SWOT analysis:
A) Opportunities and threats are external attributes.
B) Strengths and weaknesses are helpful attributes.
C) Threats and strengths are harmful attributes.
D) Strengths and opportunities are internal attributes.
3. Which of the following is the risk response strategy for opportunities that seek to increase the probability of an opportunity occurring and/or the magnitude of results being beneficial?
A) Mitigate
B) Enhance
C) Exploit
D) Share
4. Functions on a FAST diagram's function logic path follow:
A) How-When logic
B) How-Why logic
C) When-Why logic
D) And-Or logic
5. What is the correct order for the three levels of filters used for evaluating ideas during the Evaluation Phase?
A) Coarse, Medium, Fine
B) Coarse, Fine, Medium
C) Medium, Fine, Coarse
D) Medium, Coarse, Fine
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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